Dr CK Narayan of Chart Advise has a buy call on Raymond with a target price of Rs 1,115.The current market price of Raymond is Rs 1,087.50.Time period given by the analyst is Intra Day when Raymond price can reach the defined target.
Dr CK Narayan recommended keeping a stop loss at Rs 1,080.Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 6,540.13 Crore) operating in Textiles sector.
The companys top management includes Mr.Akshaykumar Chudasama, Mr.Boman Irani, Mr.Gautam Hari Singhania, Mr.H Sunder, Mr.I D Agarwal, Mr.Nabankur Gupta, Mr.Pradeep Guha, Mrs.Nawaz Gautam Singhania.
The company has Dalal Shah LLP as its auditors.As on 31-03-2018, the company has a total of 61,380,854 shares outstanding.